Regulators don't seem to be in a hurry to regulate Bitcoins and cryptocurrency and have taken a wait and watch stand until issues of traceability and backing for underlying asset isn't in place. Only fear is they shouldn't lose oversight of the devil.

Even IIT-Bombay, which last year saw the worst Day 1 figures in 5 years, is optimistic for this placement season. IIT Roorkee, meanwhile, reportedly crossed the landmark figure of 400 job offer within just two days.

Infosys, for the second time, has chosen an external candidate to lead its operations after former CEO Vishal Sikka quit abruptly in August following a prolonged standoff with promoters on allegations of corporate governance lapses and hefty severance packages of former executives.

Salil Parekh joins Bengaluru-based Infosys in January from Paris-headquartered Capgemini, where he headed their core application services business in key markets like North America and the United Kingdom, and their cloud services and cloud infrastructure businesses.

Bitcoin which is the first cryptocurrency to hit the market was launched in the year 2009. It was invented by a person or group using the alias Satoshi Nakamoto, after which the US Treasury has categorized it as a decentralized cryptocurrency.

Hundreds of students, considered the brightest in the coun-try, will vie for top jobs amidst the IT sector losing sheen over reported mass layoffs as skills turn obsolete due to automation and the Trump administration insisting on more employment for US nationals.

India's largest public sector lender State Bank of India (SBI) has come up with its own Artificial Intelligence-powered chatbot who will take care of customer queries by giving out information on SBI's range of products and services.